Streamax Technology Hits Day Low of CNY 59.61 Amid Price Pressure

Streamax Technology Co., Ltd., a prominent player in the Aerospace & Defense sector, experienced a significant decline today, with its stock dropping by 7.36% on March 23, 2026. The stock reached an intraday low of CNY 59.61, reflecting broader market trends as the China Shanghai Composite index fell by 3.63% during the same period. Over the past week, Streamax has seen a notable decrease of 13.96%, and its performance over the last month has declined by 20.64%. Despite these short-term challenges, the company has shown resilience with a year-to-date performance of 26.06%, outperforming the Shanghai Composite, which is down 3.92% year-to-date. Financially, Streamax has reported positive results for the last nine consecutive quarters, with operating cash flow reaching a high of CNY 433.44 million. The company has also benefited from a significant reduction in raw material costs, down 34.81% year-over-year. With a return on equity of 20.09% and a price-to-book ratio of 4.64, Streamax maintains an attractive valuation in the current market landscape.